Skip to content

LUNIC: what changed

Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.

What changed

LUNIC

BE 0877.380.143
NACE 43.990, Other specialised construction activities
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€4,934
2023 · €7,549-€2,615
Equity
€283,657
2023 · €278,723+€4,934
Cash
€68,043
2023 · €122,677-€54,634
Balance sheet total
€339,550
2023 · €372,005-€32,455

Largest movements

2023 to 2024
Assets
  • Receivables within one year +€58,640

    up €58,640 (+59.6%), from €98,309 to €156,949

    of which Trade receivables: +€65,909

  • Cash -€54,634

    down €54,634 (-44.5%), from €122,677 to €68,043

    mainly Receivables within one year (-€58,640) and Trade debts (-€24,100)

  • Tangible fixed assets -€31,075

    down €31,075 (-36.0%), from €86,394 to €55,319

    of which Furniture and vehicles: -€20,133

  • Stocks and contracts -€5,386

    down €5,386 (-8.6%), from €62,311 to €56,925

Equity and liabilities
  • Trade debts -€24,100

    down €24,100 (-49.8%), from €48,399 to €24,299

  • Debts after one year -€15,501

    down €15,501 (-60.9%), from €25,474 to €9,973

  • Profit (loss) carried forward +€4,934

    up €4,934 (+11.7%), from -€42,327 to -€37,393

  • Tax, wage and social debts +€4,610

    up €4,610 (+79.2%), from €5,818 to €10,428

Income statement
  • Financial charges +€27,770

    up €27,770 (+1595.1%), from €1,741 to €29,511

  • Gross operating margin +€27,592

    up €27,592 (+26.4%), from €104,395 to €131,987

  • Taxes +€3,212

    up €3,212 (+248.4%), from €1,293 to €4,505

  • Depreciation -€1,514

    down €1,514 (-4.5%), from €33,521 to €32,007

From the 2023 result to the 2024 result

effect on the result

Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.

Result 2023 €7,549
Gross operating margin +€27,592
Staff costs -€42
Depreciation +€1,514
Other operating charges -€1,011
Financial income +€314
Financial charges -€27,770
Taxes -€3,212
Result 2024 €4,934

Cash bridge derived

cash 2023 to 2024

Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations -€36,609
Investment -€932
Financing -€17,093
Cash 2023 €122,677
Net result for the year +€4,934
Depreciation +€32,007
Stocks and contracts +€5,386
Receivables within one year -€58,640
Trade debts -€24,100
Tax, wage and social debts +€4,610
Other debts -€806
Investment in fixed assets (net) -€932
Debts after one year -€15,501
Current portion of long-term debt -€1,592
Cash 2024 €68,043
Every line side by side 45 lines
Line Code 2023 2024 Change %
Total assets 20/58 €372,005 €339,550 -€32,455 -8.7%
Fixed assets 21/28 €86,394 €55,319 -€31,075 -36.0%
Tangible fixed assets 22/27 €86,394 €55,319 -€31,075 -36.0%
Land and buildings 22 €5,832 €5,055 -€777 -13.3%
Plant, machinery and equipment 23 €22,517 €12,352 -€10,165 -45.1%
Furniture and vehicles 24 €58,045 €37,912 -€20,133 -34.7%
Current assets 29/58 €285,611 €284,231 -€1,380 -0.5%
Stocks and contracts in progress 3 €62,311 €56,925 -€5,386 -8.6%
Contracts in progress 37 €62,311 €56,925 -€5,386 -8.6%
Amounts receivable within one year 40/41 €98,309 €156,949 +€58,640 +59.6%
Trade receivables 40 €91,040 €156,949 +€65,909 +72.4%
Other amounts receivable 41 €7,269 - -€7,269
Cash at bank and in hand 54/58 €122,677 €68,043 -€54,634 -44.5%
Deferred charges and accrued income 490/1 €2,314 €2,314 = 0.0%
Total equity and liabilities 10/49 €372,005 €339,550 -€32,455 -8.7%
Equity 10/15 €278,723 €283,657 +€4,934 +1.8%
Contributions 10/11 €18,600 €18,600 = 0.0%
Reserves 13 €302,450 €302,450 = 0.0%
Non-distributable reserves 130/1 €1,860 - -€1,860
Reserves not available under the articles 1311 €1,860 - -€1,860
Distributable reserves 133 €300,590 €302,450 +€1,860 +0.6%
Profit (loss) carried forward 14 -€42,327 -€37,393 +€4,934 +11.7%
Amounts payable 17/49 €93,282 €55,893 -€37,389 -40.1%
Amounts payable after more than one year 17 €25,474 €9,973 -€15,501 -60.9%
Financial debts 170/4 €25,474 €9,973 -€15,501 -60.9%
Amounts payable within one year 42/48 €67,808 €45,920 -€21,888 -32.3%
Current portion of amounts payable after more than one year 42 €12,785 €11,193 -€1,592 -12.5%
Trade debts 44 €48,399 €24,299 -€24,100 -49.8%
Suppliers 440/4 €48,399 €24,299 -€24,100 -49.8%
Taxes, remuneration and social security 45 €5,818 €10,428 +€4,610 +79.2%
Taxes 450/3 €5,818 €10,428 +€4,610 +79.2%
Other amounts payable 47/48 €806 - -€806
Remuneration, social security and pensions 62 €58,052 €58,094 +€42 +0.1%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €33,521 €32,007 -€1,514 -4.5%
Other operating charges 640/8 €2,239 €3,250 +€1,011 +45.2%
Gross operating margin 9900 €104,395 €131,987 +€27,592 +26.4%
Operating profit (loss) 9901 €10,583 €38,636 +€28,053 +265.1%
Financial income 75/76B - €314 +€314
Recurring financial income 75 - €314 +€314
Financial charges 65/66B €1,741 €29,511 +€27,770 +1595.1%
Recurring financial charges 65 €1,741 €29,511 +€27,770 +1595.1%
Profit (loss) for the period before taxes 9903 €8,842 €9,439 +€597 +6.8%
Income taxes 67/77 €1,293 €4,505 +€3,212 +248.4%
Profit (loss) for the period 9904 €7,549 €4,934 -€2,615 -34.6%
Profit (loss) for the period to be appropriated 9905 €7,549 €4,934 -€2,615 -34.6%

Source: filed annual accounts (NBB), fiscal years ended 30 September 2023 and 30 September 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.